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Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Netflix, Inc....

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Accounting

Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Netflix, Inc. (NFLX) provides digital streaming and DVD rentals in the United States. Amazon and Netflix compete in streaming and digital services; however, Amazon also sells many other products through the Internet. The sales and total assets (in millions) from recent financial statements were reported as follows for both companies: Amazon Netflix Total revenues (sales) $135,987 $8,831 Total assets: Beginning of year 64,747 10,203 End of year 83,402 13,587 a. Which of these assets are used by Netflix, Inc. to generate revenue? DVD content library Distribution centers Streaming content library Manufacturing plant a and b a and c a and d b and c 2 b. Compute the asset turnover ratio for each company. Round to two decimal places. Amazon Netflix Asset turnover ratio fill in the blank 2 fill in the blank 3 c. Which company generates sales from total assets more efficiently? Amazon

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